$4,994

Avg. Federal Grant

$7,053

Avg. Federal Loan

$266,071

Total Aid Awarded

Networks Barber College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

79%

Total Aid Amount Average Total Aid Awarded per year.

$266.071K

Financial Aid Official Website

N/A

As many as 95% of the students at NBC get some sort of financial aid, and the total amount of assistance/loans provided is more than $411,517 in a year. At NBC, the total percentage of applicants who receive the Federal Grant stands at 95%. In comparison, 95% of the students get the Student Grant, and 95% of the applicants receive the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,738. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At Networks Barber College, the percentage of candidates who opt to avail of student loans is around 95%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

93%

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

93%

Average Aid Awarded

Federal Grant Aid

$4,994

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

$4,994

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$4,994

$30,001 - $48,000

N/A

$48,001 - $75,000

N/A

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Networks Barber College

Average Loan Amount Average Loan Amount received per year.

$7,053/Year

Students Taking Out Loans

93%

Loan Default Rate

14.6%

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